EGR

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8.1¢ ecograf limited

Ann: Epanko Special Mining Licence, page-167

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Rothal2022

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15/05/24

02:25

Post #: 73825527
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Originally posted by ProfessorXYZ: ↑

EV batteries this year, graphite in general next year.
Biden -> White House <- EGR named on their website
Sorry for my positivity.

As part of the long-awaited tariff update, Biden will increase tariffs this year under Section 301 of the Trade Act of 1974 from 25% to 100% on EVs, bringing total duties to 102.5%, from 7.5% to 25% on lithium-ion EV batteries and other battery parts and from 25% to 50% on photovoltaic cells used to make solar panels. Some critical minerals will have their tariffs raised from nothing to 25%.

More tariffs will follow in 2025 and 2026 on semiconductors, as well as lithium-ion batteries that are not used in electric vehicles, graphite and permanent magnets as well as rubber medical and surgical gloves.

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Professor
"EV batteries this year, graphite in general next year." agree 100% only problem for EGR they have no recycling facility in2024 nor 2025 and also no graphite to sell until 2028 if ever

"Biden -> White House <- EGR named on their website" that's fine but Biden will not build the mine nor dig the graphite out of the ground. He will also build no purification plant.

" Sorry for my positivity." and sorry for my pessimism but that's the hard learning over the last 7 years.
In 2017 I also weared the pink colored glasses and believed Andrew's mails when he wrote "everything according plan and on track"

EGR Price at posting: 14.0¢ Sentiment: Hold Disclosure: Held
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Ann: Epanko Special Mining Licence, page-167

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Ann: Epanko Special Mining Licence, page-167

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